One of the hardest questions to answer when looking to upgrade your vehicle is whether to finance or lease. Both have their benefits, but both have their restrictions, too. Not to fret, though! Joe Cotton Ford is here to shed some light with our comparison on leasing vs financing a Joe Cotton Ford, Ford GT near Bloomingdale, IL 60108. Our knowledgeable salespeople and Business Managers are also well-equipped to answer any questions, so please don’t hesitate to give us a call, or visit our showroom!

Sometimes deciding between the two methods of car buying can be simple. Ask yourself two questions. The first is how often are you interested in upgrading? Leases tend to last between two to four years, which can be great if you like always having the latest and greatest tech and are a pro at keeping your car in good condition. While upgrading relatively frequently is possible while taking the finance route, it can be more tedious due to depreciation and reselling your current vehicle. If you’re the kind of person who comes to loves your ride and keeps it for longer than four years, stick to financing. You’ll get more bang for your buck. If you come to love your lease, though, you can continue to pay it off and keep your vehicle as long as you want!

What’s the second question you should ask yourself in this decision between leasing vs financing your Joe Cotton Ford, Ford GT near Bloomingdale, IL 60108? It’s a question that might require a calculator! How many miles do you drive per year? This will heavily affect your decision. If you commute a fair distance to work every day, exceeding 15,000 miles or more, leasing a vehicle will come with a heftier total cost. Financing allows you to drive as many miles as you want, whereas leases come with a set amount and every additional mile will cost extra money out of your wallet. If you take the train every day and use your vehicle primarily just for running errands, leasing is ideal. You only pay for depreciation while you use it, so the fewer miles your wheels roll, the less you have to pay. Dealers get the vehicle back and are usually able to certify these low mileage vehicles and re-sell them. It’s a win-win situation!

Weighing the pros and cons in the debate between leasing vs financing near Bloomingdale, IL, can be frustrating. Come on down to Joe Cotton Ford near Bloomingdale, IL 60108 and our staff is more than happy to talk it all out with you. We can even run some numbers and see which system will work best for you and your lifestyle! We hope to see you soon!

I have worked here for 36 years. I started here washing cars in 1981, and moved into sales in 1983. I became leasing manager in 1986 and started in finance in 1988. In 1989 I became a partner when Joe offered the chance. I have been a partner ever since, increasing my percentage over the years. This dealership hes been family owned and run since 1974.

I am here to assist you with your needs. Feel free to call or email me at anytime.

Like everyone else who orders new from Ford's website. You build your car, Ford sends it out to roughly 5 local dealerships in an area. From the start Joe Cotton Ford was very responsive, accommodating, not pushy, seem upfront and honest. Also gave me the most value for my trade. I dealt with Bob Driver. A real pleasure to work with. One of the top two car transactions I've had the pleasure to conduct in my auto buying career. Overall transaction was painless, timely, and not stressful. Would buy here again for sure.

I am here to assist you with your needs. Feel free to call or email me at anytime.

After receiving my BS and MS in rehabilitation administration from Southern Illinois University I moved to Chicago in 1981 to work as a sales representative for Elmhurst Ford. I had attained the position of general manager by the time the dealership closed in March 2011. I came to work at Joe Cotton Ford in September 2012 and was asked to handle their Pre-Driven vehicle operations in 2013. When I am not working I enjoy spending time with my family. I like cooking and then reaping the rewards of my labor.

I am here to assist you with your needs. Feel free to call or email me at anytime.

Reviews:
Great people to do business with. In and out quickly with a gently used vehicle in my price point! Roman is excellent as well as Mike in financing. Always a smooth and easy transaction at Joe Cotton! Love them!

Employee Bio:
I'm proud to have served my country, for six years, in the United States Navy. Since then, I have been helping customer here at Joe Cotton Ford for over 39 years. I pleased to say my wife and I have raised two children and lived in the Carol Stream area for the last 20 years.
I love playing pickup basketball and being a huge Chicago Blackhawks & Bull fan.

I am here to assist you with your needs. Feel free to call or email me at anytime.

Dec 7, 2016
Facebook • 5 Stars
"The quality and reliability of service at Joe Cotton Ford is tops - we visited several local dealerships, and none live up to Joe Cotton Ford. They also have a great reputation for involvement in community service. Bob Dodds and Mike Krawec were both very helpful in helping us to find the right cars for our family - We purchased 2 cars from them - a 2007 Volvo and a 2014 Ford Fusion - we love both cars and are very pleased."

I am here to assist you with your needs. Feel free to call or email me at anytime.

Employee Bio:
Love to travel and I've lived in the Carol Stream area for over 30 years. I will be celebrating my 10th year at Joe Cotton this year!

Customer Reviews:

Dec 7, 2016
Facebook • 5 Stars
"The quality and reliability of service at Joe Cotton Ford is tops - we visited several local dealerships, and none live up to Joe Cotton Ford. They also have a great reputation for involvement in community service. Bob Dodds and Mike Krawec were both very helpful in helping us to find the right cars for our family - We purchased 2 cars from them - a 2007 Volvo and a 2014 Ford Fusion - we love both cars and are very pleased."

I am here to assist you with your needs. Feel free to call or email me at anytime.

Jan 5, 2017
Facebook - 5 Stars
"I bought a new Ford Explorer sport Dec. 29th from Larry Roncoli and he did a great job. He was very nice, personable and not pushy at all. The people were great to my family and I. If your looking for a Ford, I would recommend doing business there."

I am here to assist you with your needs. Feel free to call or email me at anytime.

Employee Bio:
I grew up in Central Illinois working on my family farm and in my family's grocery store. I graduated from Southern Illinois University with an associate degree in business. After graduating I spent 3 years in the U.S. Army. One year in the states, one year in the 25th Infantry Division in Vietnam and one year in Europe. After returning from the military I spent 30 years managing retail stores and also as a multi-store manager, for a retail chain store. I started in the automobile business 23 years ago and have worked for Joe Cotton Ford for the last 11 years.

I am here to assist you with your needs. Feel free to call or email me at anytime.

I am here to assist you with your needs. Feel free to call or email me at anytime.

Customer Reviews:

Purchased an explorer recently & nothing but a great experience!! Ken was our salesman who handled everything so well We forgot we were dealing with a salesman!! He solved every concern we had! We love the explorer.. it's like driving a caddy with the perks of a SUV.

Ryan O'Reilly

Salesperson

Employee Since: 2016

630-682-9200 Ext. 522

Employee Reviews:

Jan 19, 2017
DealerRater - 5 Stars

Good car buying experience.
Just purchased a car from Ryan at Joe cotton Ford .They good to work with and did a good job of getting a car the color I wanted that they didn't have in stock from anther dealer in a very timely matter.Good car buying experience
I am here to assist you with your needs. Feel free to call me at anytime.

Javier Cruz

Salesperson

Employee Since:2011

630-682-9200

I am here to assist you with your needs. Feel Free to call me anytime.